Economic Development Specialist Salary

Earnings for Economic Development Specialists in the United States come in at around $49K per year on average. Most workers in this position report high levels of job satisfaction. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. This report is based on answers to PayScale's salary questionnaire.

$34,473 - $80,420

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$13.19 - $58.17

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$34,473 - $80,420  
   
Bonus
$0.00 - $6,153  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,481 - $83,950  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 117
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20$40$60
Hourly Rate
$13.19 - $58.17  
   
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,153  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,481 - $83,950  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 13
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Economic Development Specialist Job Listings

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Economic Development Specialists report a narrow range of specific skills. Most notably, facility with Business Development and Government Grants are correlated to pay that is significantly above average, leading to increases of 31 percent and 8 percent, respectively. Skills that seem to negatively impact pay include Project Management.

Pay by Experience Level for Economic Development Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Relatively untried employees who have less than five years' experience have a median salary of $45K. Those who have been around for five to 10 years can expect to take home more — $57K on average. After working for 10 to 20 years, Economic Development Specialists make a median salary of $74K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $63K.

Economic Development Specialist Advice

What do you wish you knew about your job when you first started out?

Economic Development Specialist in Rome:
"Think Long Term."
Always surround yourself with good leaders.

Related Job Salaries

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Experience Affects Economic Development Specialist Salaries

Experienced
up arrow 50%

Late-Career
up arrow 28%

Mid-Career
up arrow 16%

National Average
$49,000

Entry-Level
up arrow 8%

Skills That Affect Economic Development Specialist Salaries

Business Development
up arrow 31%

Government Grants
up arrow 8%

National Average
$49,000

Project Management
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
5%
1-4 years
52%
5-9 years
19%
10-19 years
17%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 80%
vision benefits Vision: 61% employee benefits None: 5%
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